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Dorothy has decided to purchase a truck for her business. She has the offers below: $6000 down and 72 payments of $2,186.98 per month; $0 down and 72 payments of $2,602.32 per month. $134,000 cash The relevant interest rate if 7.5%,

Required:

Question: Compute PV to determine which should she prefer.

Note: Please show how to work it out.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91149192

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